date:Dec 18, 2015
g to the two US trading partners, US buyers avoided cattle or hogs from Mexico and Canada in order to cut down tracking costs resulting from the COOL law.
Although Canada and Mixico urged the WTO to authorise $3bn in retaliatory tariffs, the global trade body settled on the amount of $1.1bn after using a different methodology to calculate the COOL impact on the economies of the two countries.
The COOL law was backed by ranching groups and consumer groups in the US, which believe that it will m